Adoption of the Fair Value Measurement Standard and Related Guidance
First written in FY2022-Q1. 1 of 3 entries say "Restated". Latest entry: FY2023-Q1.
- FY2023-Q1AdvancedAnnual report
「The Company applied the Implementation Guidance on the Accounting Standard for Fair Value Measurement (Accounting Standards Board of Japan Guidance No. 31, 17 June 2021, hereinafter the “Fair Value Measurement Implementation Guidance”) from the beginning of the first quarter of the consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 27-2 of the Fair Value Measurement Implementation Guidance, the Company applied the new accounting policies prescribed by the guidance prospectively. As a result, there was no effect on the quarterly consolidated financial statements.」
For the accounting standards for fair value measurement applied from the previous fiscal year, the implementation guidance was also applied from the beginning of the first-quarter consolidated accounting period under review. - FY2022-Q3RestatedAnnual report
「From the beginning of the first quarter of the current consolidated fiscal year, we adopted the Accounting Standard for Fair Value Measurement and related standards and decided to apply the new accounting policies prescribed by those standards prospectively. There was no impact on the quarterly consolidated financial statements.」
The company reconfirmed that the Accounting Standard for Fair Value Measurement and other relevant standards had been applied from the beginning of the first quarter of the current consolidated fiscal year, with no effect on the quarterly consolidated financial statements. - FY2022-Q1First statedAnnual report
「The Accounting Standard for Fair Value Measurement and related standards were applied from the beginning of the first quarter of the current consolidated fiscal year. In accordance with the transitional treatment prescribed in paragraph 19 of the standard and paragraph 44-2 of the Accounting Standard for Financial Instruments, the new accounting policies prescribed by these standards will be applied prospectively.」
The Company applied the accounting standards for fair value measurement and related standards from the beginning of the first-quarter consolidated accounting period under review, and describes for the first time the prospective application of the new accounting policy. It states that there was no impact on the quarterly consolidated financial statements.